Wealth Index
Least wealthy county in Mississippi
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Issaquena County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $28,653 | $55,084 | $78,145 |
| Median Personal Income | $42,500 | $48,244 | $61,726 |
| Average income growth | 4.8% | 4.5% | 5.1% |
| Six-Figure Earners | 0.2% | 6.9% | 13.2% |
The median household income in Issaquena County is about 48% lower than in Mississippi. Income has been growing faster in Issaquena County (4.8%/yr) than in Mississippi (4.5%/yr).
About 0% of adults in Issaquena County earn six figures ($100,000 or more) a year, lower than the Mississippi average of 7%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Issaquena County, Mississippi grew by 41.5% from 2009 to 2023, reaching $28,653 in 2023. That's an average of about 4.8% per year.
Economic Inequality in Issaquena County | Gender Pay Gap | Gini Coefficient
| Metric | Issaquena County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.663 | 0.574 | 0.570 |
| Male Median Income | $42,499 | $55,143 | $67,746 |
| Female Median Income | $42,499 | $42,143 | $54,793 |
| Gender Pay Gap | 0.0% | 23.6% | 19.1% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Issaquena County, it is 0.663, higher than Mississippi's 0.574, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men and women earn about the same median income in Issaquena County, Mississippi.
Income by Sex Over Time
Since 2009, the income gap between men and women in Issaquena County, Mississippi has narrowed from about 16% to 0% in 2023. In dollar terms, the gap has narrowed by $4,844 since 2009.
Employment
| Metric | Issaquena County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.2% | 5.9% | 5.2% |
| Working from Home | 0.6% | 5.3% | 13.4% |
| Commute time (minutes) | 16 | 21 | 22 |
Approximately 16 people are unemployed in Issaquena County, Mississippi.
The average commute time in Issaquena County is 16 minutes, shorter than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Issaquena County, Mississippi has fallen from 20.0% to 8.2% in 2023.
Conclusion
Considering all these factors, Issaquena County, Mississippi has an overall wealth index grade of F, making it worse than Mississippi, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Issaquena County, Mississippi.
How Wealthy Is Issaquena County, Mississippi?
Issaquena County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $28,653, about 48% lower than the Mississippi average of $55,084.
What is the current median household income in Issaquena County, Mississippi?
As of 2023, the median household income in Issaquena County, Mississippi is $28,653.
What was the median household income in Issaquena County in 2023?
In 2023, the median household income in Issaquena County, Mississippi was $28,653.
What was the median household income in Issaquena County in 2020?
In 2020, the median household income in Issaquena County, Mississippi was $26,666.
What is the Gini coefficient in Issaquena County, Mississippi?
The Gini coefficient in Issaquena County is 0.663. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Issaquena County, Mississippi?
Since 2009, the income gap between men and women in Issaquena County, Mississippi has narrowed from about 16% to 0% in 2023. In dollar terms, the gap has narrowed by $4,844 since 2009.